Balance Sheet Risk Management Associate

Position Overview:This position is part of Balance Sheet Risk Management.  This group combines traditional responsibilities for market and credit portfolio risk management. The group’s mandate extends beyond the traditional risk framework, optimizing all balance sheet management activities and enhancing the firm’s focus on risk topics associated with capital, liquidity, liabilities and returns. Personnel participate and provide leadership in:§ Establishing the balance sheet risk management framework and methodologies§ Partnering with the businesses to facilitate the execution of balance sheet risk management objectives§ Capturing and analyzing internal and external balance sheet risk management data§ Developing both line of business and enterprise balance sheet risk management profiles and reporting to management§ Developing and maintaining the enterprise balance sheet  risk policy Essential Functions:§ Prepare independent, complex quantitative analysis and modeling used in monitoring PNC’s Balance Sheet.  Scrutinize the effect of certain credits or trading positions on the overall portfolio.  These activities include analyzing financial data and research reports, assessing industry trends and understanding the balance between risk and return.  § Assist with the evaluation of all findings and present management with clear alternatives on any actions to consider or take.  § Actively participate in projects to further the objectives of the Balance Sheet Risk Management Group and the Risk Management structure as a whole§ Assist in partnering with business executive and their units to assist/facilitate the execution of balance sheet risk management objectives§ Assist in partnering with Strategic Analytics to support risk based balance sheet risk management economic capital calculations & allocations§ Assist in partnering with other enterprise wide  risk areas (Credit, Operating Risk, Compliance, Fiduciary/Investment, etc.) to ensure alignment of methodologies and approaches for assessing, monitoring and reporting balance sheet risk§ Work on assigned projects as requested by managers. Education:BS or MS in Finance, Economics, Mathematics or related fields preferred.   Skills & Abilities: § Proficient analytical, problem solving and verbal and written communications skills§ Proficient with computer-based tools such as Excel, Access,  § Developing knowledge of risk management, credit policy and credit administration procedures. § Prefer successful completion of a formal credit training program or participation in lending or credit activities for a period of two years§ Strong teamwork and written and verbal communication skills. Demonstrates the ability to effectively communicate highly complex and technical financial concepts in nontechnical terms.§ Must be self-motivated and proficient in time management skills.   Interested individuals please submit your resume by selecting the "Apply Now" button. By selecting the "Apply Now" button you will be linked automatically to PNC's website to submit your resume. This is not, in and of itself, an application for employment. After your resume is submitted, it will be available for review and consideration by the recruiter for this position. If you are scheduled for an interview, you will be asked to complete an employment application at that time. Company: PNC Bank Location: Pittsburgh, PA 15222 Status: Full Time, Employee Job Category: Accounting/Finance/Insurance Reference Code: 479237 PNC offers an exceptional array of benefits, a competitive salary, a 401 (k) saving plan and an environment that offers not only support, but intellectual challenge and reward as well. For additional information, please visit our website www.pnc.jobs. We are an EOE, Drug/Smoke-Free Employer. M/F/D/V/SO.